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20121201
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Search Results 0 to 9 of about 10 (some duplicates have been removed)
in newtown, connecticut. what can be done, if politics is the art of the possible? where does the possible reside in america? we talk solutions today on "power lunch." my partner, sue herera, sue? >> let's look at where major averages sit right now. just a second ago, we were up 80 point on the dow. we are close to the highs of this session so far. nasdaq composite is up 29 on the trading session and s&p 45u7b is up 13. it is that optimism over the fiscal cliff which increased over the weekend after house speaker boehner edged ever closer to president obama's position. indeed, the speaker met with the president at the white house this morning. eamon javers is at the white house. eamon? >> previous meetings between the president and speaker had been telegraphed a little bit. this one was not today. this is an interesting development but a grim-faced speaker bainer who arrived back up on capitol hill not talking to reporters. we don't yet have a sense of what was in the meeting, what the substance of it was. what we do know is what speaker boehner offered on friday, in a phone call to the pr
weeks since the tragedy of sandy hook elementary in connecticut. a teenager in california wrote a poem to express her feelings saying she understood how it could happen and it got her suspended from school. we'll get her reaction coming up >>> we'll also hear from the 29-year-old surfer that used his fists and his board to save his life when a shark kept coming at him again and again. >> scary story. >>> later on, we'll switch gears and look back at the year in pop culture, from the rise of honey boo boo to the unlikely bop lairity of that catchy tune, gang ham style. >> slightly popular, wasn't it? >>> we begin with the race in washington to fist fiscal cliff deadline including a preview of david gr david gregory's exclusive interview. we begin with kristen welker. >> the house is back in session and they could announce a deal as early as this afternoon. many saying this entire episode represents a lack of leadership on both sides of pennsylvania. with less than 48 hours until the tax hikes and spending cuts take effect, florida small business owner, gary simmons, is watching what hap
accuweather. >>> then we'll take you to connecticut, where visitors are paying respects to the schoolchildren there and trying to help families struggle with so much grief. >>> also this morning, new inside information about the arsonist and gunman in western new york and his evil plot to kill firefighters. what police discovered, he left behind a note that is just chilling. >>> later this half hour, avoiding costly problems with the brand new electronics you just unwrapped. our technology editor is here with how to get the best use out of all that gear. >> knowing me, when i open one of those, i'm the first to scratch it, drop it, break it. >>> first, we want to get to some of this news. major damage after strong storms swept through the gulf states. at least three people have died, dozens more are injured from texas to georgia. >> and the news could be getting worse. that storm is moving east with strong winds and snow. winter watches and warnings are posted in 21 states, from texas all the way to maine, including blizzard warnings in seven of those states. our coverage begins with abc's br
picture shows we still have lighter snow falling in new york city, northern new jersey, connecticut and into massachusetts. but that rain is kind of sweeping up into nas kaw county in long island and suffolk and it will come down heavy and hard. snowfall totals 3 to 5 inches across parts of pennsylvania with a little bit of more intensity more towards the center of the state. let's zoom into massachusetts, 4 to 8 inches. expect some higher amounts in this region here towards areas of -- sections of connecticut and into much of rhode island. snow across the entire state. and then you see the winter storm warnings extend to coastal maine. we could see up to a foot of snow into areas of coastal new hampshire and maine especially towards late tonight, early tomorrow. let's time it out for you. notice saturday night at 11:00, storm will be intense. we're expecting brutal winds for much of new england. you can see a little bit of mix in terms of precipitation for the cape and the islands. overall these areas you see in brighter white where we're expecting some of the more intense snowfall
we covered the biggest stories of the year. obviously, the tragic school shooting in connecticut is fresh on everybody's minds. what were your biggest stories of the year? >> it feels so obvious, but i think the presidential election has to be on the list. something that we all followed very, very closely. so much happened. the debates were obviously interesting, covering the convention. it happens once every four years. incredibly consequential. i think it says a lot about what presidential elections will look like. we learned a lot about the changing demographics of this country. >> exactly. looking forward to the inauguration coming up in the new year. i think for all of us, i think around here certainly we've covered superstorm sandy. this was such a tragic event. i mean, a storm like this has not been seen here in this -- for centuries. i think that, you know, obviously the devastating effects that it continues to have on so many areas from the rockaways to new york to connecticut and long island. i was up in the helicopter. seeing that devastation first hand, when you see t
tomorrow. >> my father is 87. he's in connecticut. nursing home. he is a world war ii vet, u.s. navy, and helped raise four great kids. at least my brothers are great. i was with him this weekend in connecticut. to see the world war ii generation, many of them struggling with health problems and my father as well, just wanted to say happy birthday. thanks for doing that. >> steve: god bless you and god bless him. you just saved $5 on a hallmark card. >> yeah. don't worry, dad. i'm not going to send you one of those e-mail cards. we have the real one in the mail. >> steve: there is a song when you open it up. >> my kids play those and they go through all the pharmacies and go through all the cards. it's a symphony of cards when my kids are in the pharmacy. >> gretchen: thanks for honoring your guys because they're the most important things in our lives. >> they are. we'll miss them when they're not here. >> gretchen: thanks. well, there is a right to life plate, not getting the license to drive. they were ruled unconstitutional because the other side can't have its say. >> eric: then
and connecticut were the hardest hit. they're also home to some of the biggest names in music. >> i was here during the storm. it was scary. >> to witness my city and the tri-state area really going through something where nobody could control it. >> this was just complete and entire buildings washed away into the sea. >> reporter: 121212, the concert for sandy relief at madison square garden is being called one of the biggest music events of all time. >> we called bruce springsteen and paul mccartney and they said yes immediately. >> reporter: the last time producers managed to bring this many big names together, it was after 9/11. ♪ i've seen the lights go out on broadway ♪ >> reporter: 121212 has already raise third degree $2 million in sponsorship before a single note has been played. >> rolling stone, who, kanye west alicia keys eric clapton, and other surprise guests. it's the greatest concert of all time. >> reporter: 121212 will be broadcast to an estimated 200 million homes in 190 countries worldwide via tv and radio streaming. >> i don't think there's e
, the fiscal cliff, newtown, connecticut, what happened up there, that's the gem feeling overall. jcpenney, they've had promotions walking away from it every day, low discount price story. oppenheimer noted discount racks had been cleared and the traffic seems to have improved in that store. maybe that change in their philosophy has helped them out. that's a note that was out on oppenheimer today. bottom line here, guys, is i think we are seeing some movement with some companies to deal with some of these retail sales issues. you'll see a lot of pressure on margins. david, i think you mentioned this, about what was going on with inflows and outflows from equity mutual funds. it's true we're continuing to get outflows from equity mutual funds. that's certainly been disappointing. we had it going through up until last week. the end of last week, it was reported the first outflows from treasuries. more specifically, from general bond funds. that's the first time we've seen this in a very, very long time. all right, it was a very small number, something on the order of $1 billion or something
, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind up having a big january and the stocks tend to
Search Results 0 to 9 of about 10 (some duplicates have been removed)